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Report: The smart retail market size is expected to reach 64.5 billion yuan by 2030.
On February 3rd, international consulting firm Frost & Sullivan released the “China Smart Retail Market Tracking Report,” which shows that since 2025, benefiting from the explosive application of AI technology, the growth momentum of smart retail has significantly strengthened. In areas such as replenishment, inspection, marketing, and customer service, clear returns on quality improvement and efficiency gains have been realized. It is projected that by 2030, the smart retail market size will grow to approximately 64.5 billion yuan, with a compound annual growth rate of 22%. In the first half of 2025, the overall market size of China’s smart retail reached 10.7 billion yuan, with a clear clustering effect among leading platforms. Tencent ranked first with a market share of 25.3%. (People’s Financial News)